Africa Connected

Infrastructure and industrialisation gets the “High Five”

As part of her mission for Africa Connected, NikiweBikitsha stopped by the African Development Bank to chat to the Vice-President of Private Sector, Infrastructure and Industrialisation.

Talking to Pierre Guislain about the AfDB’s ten-year plan to transform Africa, namely its “High Five” goals, is cited as a priority to support the integration and industrialisation potential for many countries in Africa.

The bank aims to attract more capital to the infrastructure sector by helping government structure transactions to contribute to the financing of infrastructure.

It goes from the right government policies to the right government institutions and then finding the right investors.

Pierre Guislain, Vice-President of Private Sector, Infrastructure and Industrialisation at African Development Bank

Another challenge raised is the investment in the preparation of these large projects.

As with any sector, complex projects require more time – which requires upstream work to be structured in such a way that they can be financed by various sources of funding.

Thereafter, services should become the focus because there will be a set of reforms needed to optimise the infrastructure that is already in place.

Stability in the investment framework is absolutely critical

Pierre Guislain, Vice-President of Private Sector, Infrastructure and Industrialisation at African Development Bank

To aid progress with industrialisation, the African Development Bank has set out to take advantage of cross-border opportunities by creating connectivity between countries that need access to markets.

Ivory Coast sees part of its prosperity from being well integrated with its neighbours.

Pierre Guislain, Vice-President of Private Sector, Infrastructure and Industrialisation at African Development Bank

Click here to access the Africa Connected portal or click below to watch Nikiwe's full interview with Pierre Guislain...

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Nigeria, Doubling up on Power

Nigeria, Doubling up on Power

Nikiwe Bikitsha meets with the Co-founder and Group Executive Director of Sahara, one of Nigeria’s major players in oil and gas.

A branch concept you can bank on

A branch concept you can bank on

Nigerian consumers are feeling the transformational power of digital technology with a 24 hour self service bank branch.

From Shoprite to Massmart – South Africa has Nigeria covered

From Shoprite to Massmart – South Africa has Nigeria covered

Bruce Whitfield interviews acclaimed journalist Nikiwe Bikitsha who is on a fact-finding mission in Lagos, Nigeria.

Making people profitable

Making people profitable

Nikiwe Bikitsha stops by the offices of the Chairman of Phillips Consulting Limited to get insights into the Nigerian economy.

How to get ahead doing business in Nigeria

How to get ahead doing business in Nigeria

Journalist Nikiwe Bikitsha is in Lagos to assess the economic opportunities there and gives advice for those wanting to invest.

SAA pushes second gateway into Nigeria; through business-node Abuja

SAA pushes second gateway into Nigeria; through business-node Abuja

South African Airways route via Abuja, since 2012, has been helping sell leisure tourism in northern parts of Nigeria.

Popular articles
'Land restitution failed because Government is the biggest owner of land'

'Land restitution failed because Government is the biggest owner of land'

Bruce Whitfield interviews Finance Minister Malusi Gigaba's advisor Chris Malikane and Business Leadership SA's Bonang Mohale.

Winter blues got you down? What you must know about Seasonal Affective Disorder

Winter blues got you down? What you must know about Seasonal Affective Disorder

Don't brush off that yearly feeling or a seasonal funk. Here's how to help keep your mood and motivation up throughout the year.

So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

ANC MP Makhosi Khoza writes about "leadership injudiciousness" in the party

ANC MP Makhosi Khoza writes about "leadership injudiciousness" in the party

Concerned ANC MP Dr Makhosi Khoza writes a heart felt Facebook post detailing immoral leadership and personal challenges.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

NSFAS to reopen 2017 applications

NSFAS to reopen 2017 applications

National Student Financial Aid Scheme says it will reopen 2017 loan applications after receiving requests for deadline extension.

'Collect experiences, NOT possessions!' - Paul Theron (Vestact MD)

'Collect experiences, NOT possessions!' - Paul Theron (Vestact MD)

Bruce Whitfield interviews the razor-sharp tongued Vestact MD Paul Theron about his money hopes, fears, successes, failures, etc.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?

5 reasons why the tourism industry is sceptical about the latest numbers

5 reasons why the tourism industry is sceptical about the latest numbers

The tourism industry is questioning the veracity of the surprisingly upbeat tourism figures and the timing of their release.